Important legal information

Persons who access information on the website of UBS Swiss Financial Advisers AG ("UBS-SFA website" or
"this site") agree to the following terms and conditions.

UBS-SFA website is for information purposes only

The information published on the UBS-SFA website does not constitute a solicitation or offer, or recommendation, (i) to buy or sell any investment instruments, (ii) to effect any transactions, or (iii) to conclude any legal act of any kind whatsoever.

The information published and opinions expressed on this site are provided by UBS-SFA for personal use and for informational purposes only and are subject to change without notice.

Nothing contained on the UBS-SFA website constitutes financial, legal, tax or other advice.

An investor should not make any investment or any other decisions solely based on the UBS-SFA website content.

UBS-SFA does not intend to provide investment advice through this site and does not represent that the services are suitable for any investor. An investor should obtain advice from a qualified expert before making any investment decision.

Warranty and limitation of liability

UBS-SFA makes no representation (either express or implied) that the information and opinions expressed on this site are accurate, complete or up to date. In particular, UBS-SFA shall not be obliged to remove any outdated information from this site or to expressly mark it as being outdated.

UBS-SFA does not give any warranty or guarantee or make any representations, or make any implied or express warranty or assume any liability with regard to financial results based on the use of information on this site.

UBS-SFA disclaims, without limitation, all liability for any loss or damage of any kind, including any direct, indirect or consequential damages, which might be incurred through the use of or access to the UBS-SFA website.

UBS-SFA is not liable for any harm caused by the transmission, through accessing the services or information on this site, of a computer virus, or other computer code or programming device that might be used to access, delete, damage, disable, disrupt or otherwise impede in any manner, the operation of the site or of any user's software, hardware, data or property. The use of this site is at the user's own risk.

Electronic communication

This site permits the user to communicate electronically by sending an E-mail message to UBS-SFA. UBS-SFA does not accept, and will not act upon, the following kind of messages provided via this site: (i) Any instruction affecting an existing account with UBS-SFA, including, but not limited to placing orders to purchase or sell a security or to transfer funds; (ii) transmission of any personal credit information; (iii) giving notice of a change of address; and (iv) providing any time-sensitive instruction. UBS-SFA shall not be liable for any actions taken or any omissions to act as a result of any E-mail message sent to UBS-SFA via this site.

Local legal restrictions

The UBS-SFA website is not directed to any person in any jurisdiction where (by reason of that person's nationality, residence or otherwise) the publication or availability of the UBS-SFA Website is prohibited.

Use of the UBS-SFA website

The entire content of this UBS-SFA website is subject to copyright with all rights reserved. You may save or print out a hard copy of individual pages and/or sections of the UBS-SFA website, provided that you do not remove any copyright or other proprietary notices. With any saving or otherwise copying from the UBS-SFA website the terms and conditions for use shall be deemed to have been accepted. All property rights shall remain with UBS-SFA. You may not reproduce (in whole or in part), transmit (by electronic means or otherwise), modify, link into or use for any public or commercial purpose the UBS-SFA website without the prior written permission of UBS-SFA.

© Copyright by UBS Swiss Financial Advisors, 2008 - all rights reserved